More players must be enabled to participate in solving energy crisis
For municipal changes to have their desired effect it is essential that they be empowered or backed by the Treasury to provide guarantees
Following President Cyril Ramaphosa’s recent commitment to embrace renewable energy and lessen the country’s dependence on Eskom, legislative amendments have now been gazetted to start making the necessary changes at municipal level possible. In short, the legislation enables municipalities to now generate or procure their own energy, meaning they are no longer restricted to purchase power from Eskom only.
These amendments should be welcomed as they show the presidency is serious about delivering on its promise to increase the energy supply in our country. This will also enable a co-operative, decentralised approach. Additionally, independent power producers (IPP) may be able to provide power at a lower price, which would lead to savings at municipal level, so more good news...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.